7,004 Sqft Lot
7,004 Sqft Lot
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID SR25267068
HOA Y/N No
Year Built 1925
Lot Size 7,004 Sqft
Property Sub-Type Mixed Use
Property Description
6 Detached Units | 4 Delivered Vacant | Significant Value-Add Opportunity
Rare opportunity to acquire six detached 1-bedroom, 1-bath units on a spacious lot in South Los Angeles. Four units will be delivered vacant at close of escrow, offering immediate upside and repositioning flexibility.
Projected double-digit stabilized returns (11%–14% range based on underwriting assumptions), this property presents a compelling value-add investment with substantial rental upside. Projections indicate strong potential for increased cash flow upon stabilization (buyer to independently verify all assumptions).
Each unit is separately metered for gas and electricity (tenant-paid), minimizing owner utility exposure. Detached configuration provides privacy, flexibility, and operational versatility rarely found in comparable multifamily assets.
This property offers multiple strategic paths:
• Renovate and stabilize for long-term hold
• Optimize rents to market levels
• Explore specialty housing configurations (buyer to verify sober living, transitional & short term stay with city)
• Evaluate redevelopment potential and density expansion (buyer to verify with city)
With immediate vacancy control, flexible layout, and strong rental demand in the area, this asset provides investors the opportunity to unlock significant value. Projected stabilized double-digit returns upon full rent optimization (buyer to verify)
Ideal for value-add investors, operators, and buyers seeking long-term appreciation in a supply-constrained Los Angeles submarket.
Buyer to independently verify all income, expenses, use options, and development potential.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Interior
Interior Features Ceramic Counters, Pantry, Tile Counters, Bedroom on Main Level, Jack and Jill Bath, Walk-In Closet(s)
Heating Natural Gas, Wall Furnace
Cooling None
Flooring Carpet
Fireplaces Type Circulating, Gas Starter
Equipment Satellite Dish
Fireplace Yes
Appliance Gas Water Heater
Laundry None
Exterior
Parking Features Assigned, Concrete, Gated, Side By Side
Fence Excellent Condition, New Condition, Wrought Iron
Pool None
Community Features Street Lights, Sidewalks
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available, Water Connected
View Y/N No
View None
Roof Type Composition,Flat
Accessibility Low Pile Carpet, Parking
Private Pool No
Building
Lot Description 6-10 Units/Acre, Front Yard, Sprinklers In Front, Lawn, Level, Near Public Transit, Paved, Sprinkler System
Story 1
Entry Level One
Foundation Combination
Sewer Public Sewer
Architectural Style Bungalow
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6020019004
Security Features Smoke Detector(s),Window Bars
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
15910 Ventura Blvd. Suite 101 Encino CA 91436, Encino, CA, 91436, USA